The most recent trading session ended with MINISO Group Holding Limited Unsponsored ADR (MNSO) standing at $18.49, reflecting a -0.48% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.55% for the day. Meanwhile, the Dow gained 1.01%, and the Nasdaq, a tech-heavy index, lost 0.14%.
Shares of the company have depreciated by 10.72% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 8.04% and the S&P 500's loss of 6.22%.
The investment community will be closely monitoring the performance of MINISO Group Holding Limited Unsponsored ADR in its forthcoming earnings report. Our most recent consensus estimate is calling for quarterly revenue of $624.52 million, up 21.1% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.35 per share and revenue of $2.93 billion. These totals would mark changes of +17.39% and +24.25%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for MINISO Group Holding Limited Unsponsored ADR. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 5.59% lower. MINISO Group Holding Limited Unsponsored ADR is holding a Zacks Rank of #4 (Sell) right now.
Looking at its valuation, MINISO Group Holding Limited Unsponsored ADR is holding a Forward P/E ratio of 13.76. This represents a discount compared to its industry's average Forward P/E of 14.03.
It is also worth noting that MNSO currently has a PEG ratio of 0.77. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. MNSO's industry had an average PEG ratio of 1.37 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 197, placing it within the bottom 22% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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MINISO Group Holding Limited Unsponsored ADR (MNSO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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